May 25, 2016

OFFICIALS IN NORTHWEST OHIO HAVE LEARNED THAT MODERNIZING THE TOLEDO WATER PLANT TO FEND OFF LAKE ERIE ALGAL TOXINS WILL COST $188 MILLION MORE THAN ORIGINALLY THOUGHT


OFFICIALS IN NORTHWEST OHIO HAVE LEARNED THAT MODERNIZING THE TOLEDO WATER PLANT TO FEND OFF LAKE ERIE ALGAL TOXINS WILL COST $188 MILLION MORE THAN ORIGINALLY THOUGHT.  THE TOLEDO BLADE REPORTS THE PROJECT WAS ORIGINALLY THOUGHT TO COST ABOUT $312 MILLION, SPREAD OUT OVER 20 YEARS. BUT THE STATE ENVIRONMENTAL PROTECTION AGENCY DEMANDED A FASTER PACE IN 2014 AND THE NEW COST HAS REACHED ABOUT $500 MILLION. THE CITY IS ABOUT 12 PERCENT INTO A 10-YEAR PROJECT TO MODERNIZE THE PLANT. IT BEGAN IN 2012, TWO YEARS BEFORE AN ALGAE-INDUCED WATER CRISIS. THE CITY IS SELLING BONDS AND HAS OBTAINED GRANTS TO PAY FOR MUCH OF IT, BUT IT'S UNCLEAR HOW IT'S GOING TO PAY OFF THE FINAL $188 MILLION OF THE PROJECT

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